Medilytix News Bureau:
Billionaire Mukesh Ambani-owned oil-to-telecom conglomerate Reliance Industries Limited (RIL) on Friday posted a consolidated profit after tax (PAT) at Rs 18,549 crore (attributable to shareholders of the company), up 41.5% in the quarter ended 31 December, 2021. The company had posted a net profit of RS 13,101 crore in the year-ago period.
Consolidated operating revenue (net of GST) for the country’s most valuable company by market-capitalisation came in at Rs 1,91,271 crore, up by 62 percent for the quarter from Rs 1,17,860 crore in the year-ago period. Revenues in the previous quarter were Rs 1,67,611 crore.
“I am happy to announce that Reliance has posted best-ever quarterly performance in 3Q FY22 with strong contribution from all our businesses. Both our consumer businesses, Retail and Digital services have recorded highest ever revenues and EBITDA”, said, Mukesh D. Ambani, Chairman and Managing Director, while commenting on the performance for the quarter.